ISLAMABAD( WNAM REPORT):Federal Minister for Commerce Jam Kamal Khan chaired a meeting to review Pakistan’s current trade relations with international partners and explore new export markets.
The meeting, attended by Federal Secretary for Commerce Jawad Paul and Joint Secretaries from various wings of the ministry, provided a comprehensive overview of ongoing trade activities and volumes with different countries.
Jam Kamal Khan emphasized leveraging Pakistan’s natural assets, including mining, minerals, agro-products, gems, and fisheries, to increase exports.
He stressed the importance of specializing in these sectors rather than diversifying into less impactful areas.
Discussions covered market access, trade promotion, and relations with regional and global partners.
The minister was updated on the status of existing trade agreements and the country’s export profile.
Potential new markets and connectivity issues were also key points of discussion.
The minister recommended opening new trade missions in regions with significant trade potential.
He highlighted the need for strategies to enhance exports, noting that while Pakistan has a trade surplus with the EU, UK, and the United States, trade volume with China remains the highest.
He also observed that export potential to Afghanistan and Central Asian countries could be significantly increased by addressing political and connectivity challenges.
The meeting concluded with a focus on enhancing trade infrastructure and strategies to maximize Pakistan’s export capabilities in promising markets.
